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Day: April 12, 2026

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South Africa Controls 80% of the World’s Rhodium Supply — and the Market Is Tightening
Posted inIndustry Sectors

South Africa Controls 80% of the World’s Rhodium Supply — and the Market Is Tightening

Rhodium, the rarest and most strategically concentrated of the platinum group metals, is commanding renewed global attention as supply constraints intensify and industrial demand accelerates. With South Africa accounting for…
Posted by Thabo Khumalo Thabo Khumalo April 12, 2026
PIC Moves to Offload Daybreak Foods After R1.7 Billion Poultry Investment Collapses Into Business Rescue
Posted inFood

PIC Moves to Offload Daybreak Foods After R1.7 Billion Poultry Investment Collapses Into Business Rescue

South Africa's Public Investment Corporation has confirmed it is actively seeking a buyer for Daybreak Foods, the country's once-celebrated black empowerment poultry producer, after more than a decade of mounting…
Posted by Isabella Conti Isabella Conti April 12, 2026
Endeavor South Africa Closes Harvest Fund III at R230 Million as Local Pension Funds Drive Tech Capital into Domestic Startups
Posted inFinance

Endeavor South Africa Closes Harvest Fund III at R230 Million as Local Pension Funds Drive Tech Capital into Domestic Startups

South Africa's venture capital market has recorded a significant capital event this week, with Endeavor South Africa officially closing its Harvest Fund III at R230 million, a development that signals…
Posted by Daniel Rothman Daniel Rothman April 12, 2026
FSCA Issues Back-to-Back Enforcement Actions Against Three Unlicensed Investment Operators, Imposing R2.4 Million in Penalties and Debarments of Up to 15 Years
Posted inCompliance & Legal

FSCA Issues Back-to-Back Enforcement Actions Against Three Unlicensed Investment Operators, Imposing R2.4 Million in Penalties and Debarments of Up to 15 Years

South Africa's Financial Sector Conduct Authority has issued two separate enforcement actions within 24 hours, targeting three unlicensed investment operators and five individuals across two distinct matters. Published on 1…
Posted by Naledi Mokoena Naledi Mokoena April 12, 2026
Bill Ackman Tables $64 Billion Bid to Take Universal Music Group to New York
Posted inBillionaire Tracker

Bill Ackman Tables $64 Billion Bid to Take Universal Music Group to New York

Bill Ackman has made his most consequential capital move yet. On April 7, 2026, Pershing Square Capital Management, the activist investment firm founded and led by the billionaire investor, submitted…
Posted by Alexander Voss Alexander Voss April 12, 2026
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R7 Billion Lebowakgomo Smart City Targets 500 Businesses Across 160 Hectares in Limpopo
Lepelle-Nkumpi Local Municipality's R7 billion Lebowakgomo Smart City aims to transform 160 hectares into a technology-enabled commercial hub capable of supporting more than 500 businesses and thousands of jobs.
R7 Billion Lebowakgomo Smart City Targets 500 Businesses Across 160…
September 20, 2026
Botswana Reviews Steve Harvey Partnership as President Boko Puts Potential P1.7 Billion Exposure in Spotlight
Botswana is reviewing the future of its Steve Harvey Global partnership after President Duma Boko disclosed that the arrangement could represent a potential P1.7 billion exposure while the contract remains active.
Botswana Reviews Steve Harvey Partnership as President Boko Puts Potential…
September 18, 2026
DBSA Opens New Infrastructure Tenders as South Africa Seeks Contractors, Engineers and Project Specialists for Public Projects
DBSA has opened a new round of infrastructure procurement opportunities covering construction, engineering and professional services projects across South Africa.
DBSA Opens New Infrastructure Tenders as South Africa Seeks Contractors,…
September 17, 2026
South Africa’s Rand Faces Fresh Pressure as U.S. Treasury Yields Top 5% Ahead of Federal Reserve Decision
Global investors are closely watching the Federal Reserve as U.S. Treasury yields rise above 5%, increasing pressure on currencies and capital flows across emerging markets.
South Africa’s Rand Faces Fresh Pressure as U.S. Treasury Yields…
September 16, 2026
CubeSpace Expands South African Aerospace Manufacturing as Global Demand for Satellite Control Systems Accelerates
CubeSpace is expanding South Africa's presence in the global aerospace industry through the manufacture of satellite control systems supporting hundreds of missions worldwide.
CubeSpace Expands South African Aerospace Manufacturing as Global Demand for…
September 15, 2026
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